The New York Yankees agreed to a five-year, $162.5 million contract with Cody Bellinger, taking arguably the top available free agent off the market.

The New York Yankees reportedly signed Cody Bellinger to massive five-year, $162.5 million deal after a strong first season in pinstripes.

Bellinger was one of the top-rated free agents this offseason. After the signings of Kyle Tucker (Dodgers), Kyle Schwarber , Cody Bregman (Cubs), and Pete Alonso , Bellinger was c

It includes player opt-out options after the second and third years, and Bellinger has a full no-trade clause, according to ESPN. A reported five-year offer had been on the table for a few weeks, but Bellinger was said to be looking for as many as seven years.

Cody Bellinger is running it back with the New York Yankees. The free-agent outfielder reportedly agreed to a five-year, $162.5 million contract to return to the Bronx on Wednesday, according to ESPN's Jeff Passan,

Cody Bellinger became the last of the top free-agent hitters to reach a deal, agreeing to stay with the Yankees for a $162.5 million contract.

Cody Bellinger was the biggest free agent left on the market after Kyle Tucker went to the Los Angeles Dodgers, and Bo Bichette went to the New York Mets. But, even after that, there were rumors that the Mets were still interested in Bellinger and that the Toronto Blue Jays were pivoting as well.

The Yankees wanted outfielder Cody Bellinger back, but on their terms, and that’s how this free agent drama played out. Weeks after the Yankees making two offers, Bellinger and agent Scott Boras gave up their hunt to get a much more lucrative contract.